NOT LISTED FOR SALE

1501 W Talcott Rd Park Ridge, IL 60068

Estimated Value: $538,000 - $604,000

4 Beds
2.5 Baths
1,361 Sq Ft
$419/Sq Ft Est. Value

Last Sold November 11, 2020

Last sale price $410,000 $301 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $3,800/month

4 Days on Market

Highlights

  • Mature Trees
  • Ranch Style House
  • Formal Dining Room
  • George Washington Elementary School Rated A
  • Corner Lot
  • Circular Driveway

About This Home

As of November 2020

This Southwest Woods ranch with attached 2 car garage has just been beautifuly rehabbed and is ready for new owners. The Kitchen is the perfect look for today! All white cabinets, quartz countertops and all new appliances. Dinning Room with gorgeous crystal chandeleir and Living Room with wonderful large windows overlooking the brick paver patio and lush backyard. 3 bedrooms are on the main floor with a 4th bedroom in the basement with a full bath. The third bedroom upstairs makes a great office. This house has nice curb appeal with a circular brick paver driveway and all brick building. The back yard has a privacy fence, nice landscaping and a brick paver patio. It is a favorite location in park ridge as you can walk to all 3 schools. 2 of the bathrooms are not yet completed. Updated photos will come once the job is done.

Last Agent to Sell the Property

Jennifer Barcal

Redfin Corporation License #475138195 Listed on: 10/16/2020

Redfin Corporation

Last Buyer's Agent

Vaciliki Ress

Berkshire Hathaway HomeServices Chicago License #475151518

Berkshire Hathaway HomeServices Chicago

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,790

Year Built

  • Built in 1966 | Remodeled in 2020

Lot Details

  • 8,006 Sq Ft Lot
  • Lot Dimensions are 61x107x117x118
  • Fenced
  • Corner Lot
  • Mature Trees

Parking

  • 2 Car Garage
  • Circular Driveway
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 1,361 Sq Ft Home
  • Window Treatments
  • Entrance Foyer
  • Family Room
  • Living Room
  • Formal Dining Room
  • Partial Basement

Kitchen

  • Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Dual Sinks
  • Separate Shower

Laundry

  • Laundry Room
  • Sink Near Laundry

Outdoor Features

  • Patio

Schools

  • George Washington Elementary Sch
  • Lincoln Middle School
  • Maine South High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • Southwest Woods Subdivision

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,790

Year Built

Built in 1966 | Remodeled in 2020

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Subdivision Name: Southwest Woods
  • Year Built: 1966
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2020
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2020

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator
  • Basement: Partially Finished, Crawl Space, Exterior Entry, Rec/Family Area, Sleeping Area, Storage Space, Partial
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • LivingArea: 1361
  • Room Type: Foyer
  • Estimated Total Finished Sq Ft: 2010
  • Bathroom Amenities: Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 2010
  • Door Features: Panel Door(s),Sliding Glass Door(s)
  • Window Features: Window Treatments
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio
  • Fencing: Fenced
  • Lot Features: Corner Lot, Mature Trees
  • Patio And Porch Features: Patio
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Brick Driveway, Circular Driveway, Garage Door Opener, On Site, Garage Owned, Attached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Sink
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: George Washington Elementary Sch
  • High School: Maine South High School
  • Middle/Junior School: Lincoln Middle School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.1838
  • Lot Dimensions: 61X107X117X118
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 2790.33
  • Tax Year: 2018
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 27, 2024
Sold by
Karas Evdokia
Bought by
Evdokia Karas 2024 Revocable Declaration Of T and Karas
Current Estimated Value
$570,150

Purchase Details

Listed on
Oct 16, 2020
Closed on
Nov 11, 2020
Sold by
Baig Mirza A and Baig Rana J
Bought by
Karas Evdokia
Seller's Agent
Jennifer Barcal
Redfin Corporation
Buyer's Agent
Vaciliki Ress
Berkshire Hathaway HomeServices Chicago
List Price
$439,000
Sold Price
$410,000
Premium/Discount to List
-$29,000
-6.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.87%

Purchase Details

Listed on
Nov 4, 2019
Closed on
Mar 17, 2020
Sold by
Baig Mirza A and Baig Rana J
Bought by
Baig Mirza A and Baig Mirza S
Seller's Agent
Becky Toulon
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
Jennifer Barcal
Redfin Corporation
List Price
$349,000
Sold Price
$305,000
Premium/Discount to List
-$44,000
-12.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.42%
Original Mortgage
$228,750
Interest Rate
3.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Nov 4, 2019
Closed on
Jan 27, 2020
Sold by
Hegarty Mary Frances
Bought by
Baig Mirza A
Seller's Agent
Becky Toulon
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
Jennifer Barcal
Redfin Corporation
List Price
$349,000
Sold Price
$305,000
Premium/Discount to List
-$44,000
-12.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,750
Interest Rate
3.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 28, 1995
Sold by
Westrich C Beatrice and Westrich Edward E
Bought by
Westrich Edward E and Westrich Beatrice C
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Evdokia Karas 2024 Revocable Declaration Of T -- National Title
Karas Evdokia $410,000 Chicago Title
Baig Mirza A -- None Available
Baig Mirza A $305,000 Greater Illinois Title
Westrich Edward E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baig Mirza A $228,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/11/2020 11/11/20 Sold $410,000 -6.6% $301 / Sq Ft
10/20/2020 10/20/20 Pending -- -- --
10/16/2020 10/16/20 For Sale $439,000 +43.9% $323 / Sq Ft
01/28/2020 01/28/20 Sold $305,000 -10.0% $224 / Sq Ft View Prior Sale
12/09/2019 12/09/19 Pending -- -- --
11/18/2019 11/18/19 Price Changed $339,000 -2.9% $249 / Sq Ft
11/04/2019 11/04/19 For Sale $349,000 -- $256 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $9,779 $42,000 $13,612 $28,388
2023 $9,321 $42,000 $13,612 $28,388
2022 $9,321 $42,000 $13,612 $28,388
2021 $10,216 $39,583 $8,007 $31,576
2020 $11,561 $39,583 $8,007 $31,576
2019 $2,537 $43,982 $8,007 $35,975
2018 $2,790 $29,855 $7,006 $22,849
2017 $2,730 $29,855 $7,006 $22,849
2016 $3,365 $29,855 $7,006 $22,849
2015 $3,974 $29,639 $5,805 $23,834
2014 $3,814 $29,639 $5,805 $23,834
2013 $3,699 $29,639 $5,805 $23,834
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10907913

Midwest Real Estate Data (MRED)

APN: 09-34-408-011-0000